astroobserver

Parabolic suport local SPY

AMEX:SPY   SPDR S&P 500 ETF TRUST
The Jag moves and calls for modifying the lower bound; now the new local low a dip below the previous parabola is integrate into. Grey Dots lower bound. It is a dip below the previous assessment. Now the dip is also tangent to the 'abola, like the previous two local lows. Solid grey, a long term line, passing through October low , has been recolored It is now now Dashed purple, with out change of shape. Dashed Purple and the morphing Doted Grey are Mondays guides: looks like the likely path

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